Alaska Statutes.
Title 13. Decedents' Estates, Guardianships, Transfers, and Trusts.
Chapter 38. Alaska Principal and Income Act
Section 820. Discretionary Allocation of Expenses.
previous: Section 810. Mandatory Disbursements From Principal.
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AS 13.38.820. Discretionary Allocation of Expenses.

Subject to AS 13.38.800 and 13.38.810, a trustee may, in the trustee's discretion, allocate to income or principal or partly to each ordinary expenses incurred in connection with the administration, management, or preservation of trust property and the distribution of income, including the compensation of the trustee and of a person providing investment advisory, custodial, or income tax return preparation services to the trustee.

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